California coal divestment bill receives 3 of 4 in preliminary vote
June 24, 2015 at 13:55 PM EDT
SAN FRANCISCO, June 24 (Reuters) - A California bill to require the state's pension funds Calpers and CalSTRS to sell their investments in companies that generate at least half their revenue from coal mining received three of the four required votes in a preliminary count on Wednesday at a California Assembly committee.